State tax revenue drops in first half
A study of monthly sales tax distributions reflect the state of the economy, showing the ups and downs of sales via revenue gained by local governments as the recession deepens.
Provided by the Department of Revenue, the data includes regular, education and special local option sales taxes.
In the past 13 months, Lamar County brought in $5,185,969.10 in sales tax revenue. There were $552,043.21 in processed returns, $3,695.44 in penalty and interest as-sessments, $984 in audit costs and $5,557.47 in the state’s 1% administration fee.
The FY total breaks down to $613,275.30 for Barnesville; $60,463.87 for Milner; $1,036,522.11 in county LOST funds, $1,729,005.27 in county SPLOST; $1,729,407.16 in school SPLOST, known as ELOST; and $17,275.43 for Aldora.
In June, $304,735.85 came into the coffers of local governments. Returns totaled $305,157.76. The state charged $2,656.22 in assessments plus another $3,078.13 for administration. June was the only month of 13 looked at in which assessments and fees were noted.
Local revenues broke down to $36,060.16 for Barnesville; $3,555.31 for Milner; $60,947.17 for county sales tax and $101,578.68 for its SPLOST income; $101,578.68 for the board of education ELOST; and $1,015.85 for Aldora.
Lamar’s sales tax income for the month compares poorly with all surrounding counties except for Pike, which came in at $173,580.18 overall. Butts topped Lamar with $560,510.49 in income.
In the past 13 months, Lamar County brought in $5,185,969.10 in sales tax revenue. There were $552,043.21 in processed returns, $3,695.44 in penalty and interest as-sessments, $984 in audit costs and $5,557.47 in the state’s 1% administration fee.
The FY total breaks down to $613,275.30 for Barnesville; $60,463.87 for Milner; $1,036,522.11 in county LOST funds, $1,729,005.27 in county SPLOST; $1,729,407.16 in school SPLOST, known as ELOST; and $17,275.43 for Aldora.
In June, $304,735.85 came into the coffers of local governments. Returns totaled $305,157.76. The state charged $2,656.22 in assessments plus another $3,078.13 for administration. June was the only month of 13 looked at in which assessments and fees were noted.
Local revenues broke down to $36,060.16 for Barnesville; $3,555.31 for Milner; $60,947.17 for county sales tax and $101,578.68 for its SPLOST income; $101,578.68 for the board of education ELOST; and $1,015.85 for Aldora.
Lamar’s sales tax income for the month compares poorly with all surrounding counties except for Pike, which came in at $173,580.18 overall. Butts topped Lamar with $560,510.49 in income.
Governments idea of cost is that when they want something and money isn't there, to tax the people some more. The idea of cutting cost never enters their mind. This is especially true when it comes to the school board. They even go so far as to try and lay down this guilt trip on the people if they don't get what they want.
Until people put their foot down and say no more, it will continue. And to all those that talk about SPLOST then research it and read about it. Local government get it in place then abuses the heck out of it. And ignorance allows them to do it. People's ignorance.
http://www.floydcountyga.org/SPLOST2009/SPLOSTGuideFinal2008_FAQs.pdf
It's time to retrain government on listening to the people.